Sunday, August 28, 2005

Sweden!


Do read this IHT story titled 'In defence of the welfare state'. Sweden and other Scandinavian countries represent a great (optimal ?) middle ground between the "laissez-faire" capitalism vs. "let's plan collectivize it all" communism.

Mark Thoma's blog, Economist's view (through which I got the link to the IHT story), has a nice discussion.

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